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Banks Covered Gold & Silver Shorts During Post Election Selloff

November 20, 2024

The data is out for the period covering the post-election selloff in gold and silver, and sure enough, the banks did a lot of short-covering.

In today's show we take a look at the latest data, and also how the metals have fared since the Fed's 50 basis point rate cut in September while the dollar has rallied over 6%.

We also consider at some of the solar ideas that Elon Musk has floated in the past, that now he may actually be in position to implement. Which of course would have an impact on the demand for silver.

To find out more, click to watch the video!

Arcadia Economics

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